# CorPower Ocean funding: rounds and investors

> CorPower Ocean has raised $44M across 4 rounds since 2015. Investors include EIT InnoEnergy, Cisco Investments and NordicNinja VC. Every round with its source.

Source: https://millionrounds.com/company/corpower-ocean (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Venture startup](https://millionrounds.com/companies)

# Who invested in *CorPower Ocean*

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy

Funding summary Updated 26 Oct 2026

**$44M** raised across 4 rounds since 2015, from 4 sources

**$2.2M** Round **$7.2M** Venture **$35M** Series B

- **Latest round:** Venture Feb 2025
- **Biggest round:** $35M Series B · Oct 2024
- **Investors:** 9 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023 2025

**$2.2M** Round

**$7.2M** Venture

**$35M** Series B

**?** Venture

- **First round:** Round, $2.2M
- **Biggest round:** $35M
- **Usual gap between rounds:** 5 months

## The rounds

- **Feb 2025** Venture **Amount undisclosed** *2 new* *2 returning* [Almi Invest](https://millionrounds.com/fund/almi-invest) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Santander](https://millionrounds.com/fund/santander) [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) Source recorded
- **Oct 2024** Series B **$35M** *6 new* [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) Lead [NordicNinja VC](https://millionrounds.com/fund/nordicninja-vc) Lead [SEB Greentech](https://millionrounds.com/fund/seb-greentech) Lead [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [Santander Asset Management](https://millionrounds.com/fund/santander-asset-management) Reported by NordicNinja (JB Nordic Fund I)
- **Nov 2015** Venture **$7.2M** No investor was named in the report. From a historical funding record
- **Jun 2015** Round **$2.2M** *1 new* [Swedish Energy Agency](https://millionrounds.com/fund/swedish-energy-agency) From a historical funding record

## Founders and team

From CorPower Ocean's own website: 17 on the team.

- **Andrew Litchfield** Chief Technology Officer
- **Catharina Belfrage Sahlstrand** Chief Commercial Officer
- **Jonathan Meason** Chief Engineer
- **Per Lindblad** CFO – Interim
- **Anders Jansson** Head of Business Development
- **Hanna Nordqvist** Head of People & Culture
- **Andreas Gunnarsson** Chairman
- **Catherine Gras** Board Member
- **Eduardo Pacheco** Senior Composite Manufacturing Engineer
- **Erika Butterworth** Board Member
- **Eunice Silva** Technical Project Manager
- **Magnus Lundin** Board Member
- **Manuel Costeira da Rocha** Managing Director Iberia
- **Matt Dickson** Director of Projects
- **Santiago Gil** Board Member
- **Tomosaku Sohara** Board Member
- **Tord Jonsson** Supply Chain & Quality Manager

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2015 **Venture** 2015 **Series B** 2024 **Venture** 2025 [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) L [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [NordicNinja VC](https://millionrounds.com/fund/nordicninja-vc) L [SEB Greentech](https://millionrounds.com/fund/seb-greentech) L [Almi Invest](https://millionrounds.com/fund/almi-invest) [Santander](https://millionrounds.com/fund/santander) [Swedish Energy Agency](https://millionrounds.com/fund/swedish-energy-agency) [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [Santander Asset Management](https://millionrounds.com/fund/santander-asset-management)

## Everyone who backed them

[EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) VC firm **2** rounds, led 1

[Cisco Investments](https://millionrounds.com/fund/cisco-investments) Corporate VC **2** rounds

[NordicNinja VC](https://millionrounds.com/fund/nordicninja-vc) VC firm **1** round, led 1

[SEB Greentech](https://millionrounds.com/fund/seb-greentech) Growth equity **1** round, led 1

[Almi Invest](https://millionrounds.com/fund/almi-invest) VC firm **1** round

[Santander](https://millionrounds.com/fund/santander) VC firm **1** round

[Swedish Energy Agency](https://millionrounds.com/fund/swedish-energy-agency) Government **1** round

[Iberis Capital](https://millionrounds.com/fund/iberis-capital) VC firm **1** round

[Santander Asset Management](https://millionrounds.com/fund/santander-asset-management) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=corpower-ocean).

## Quick answers about CorPower Ocean

### Who invested in CorPower Ocean?

CorPower Ocean's investors include EIT InnoEnergy, Cisco Investments, NordicNinja VC, SEB Greentech and Almi Invest, and 4 more on record.

### How much has CorPower Ocean raised?

CorPower Ocean has raised $44M across 4 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did CorPower Ocean last raise?

CorPower Ocean's most recent round was a Venture in Feb 2025.

### What was CorPower Ocean's biggest round?

CorPower Ocean's largest round on record is $35M (Series B), in Oct 2024, led by EIT InnoEnergy.

### Who backed CorPower Ocean first?

CorPower Ocean's first round on record, in Jun 2015, was backed by Swedish Energy Agency.

### What stage is CorPower Ocean at?

CorPower Ocean's latest named round is a Venture, in Feb 2025.

### Where is CorPower Ocean based?

CorPower Ocean is based in Sweden.

### Who led CorPower Ocean's rounds?

EIT InnoEnergy led the Series B in 2024.

## Companies like CorPower Ocean

In the same sector, and raised in the last eighteen months.

[**Elvy** $595M · Oct 2026](https://millionrounds.com/company/elvy)[**Rebaba** $4.6M · Sept 2026](https://millionrounds.com/company/rebaba)[**Tavion** $47M · Sept 2026](https://millionrounds.com/company/tavion)[**Caplyzer** $727K · Jul 2026](https://millionrounds.com/company/caplyzer)[**Rivus Batteries** $2.9M · Jul 2026](https://millionrounds.com/company/rivus-batteries)[**Svea Solar** $216M · Jun 2026](https://millionrounds.com/company/svea-solar)

## Find investors like these

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